The Union Finance Ministry's decision to permit India Infrastructure Finance Corporation (IIFCL) to become the sole lender even at a pre-bid stage has been welcomed by road developers. However, the road developers stated that the exact impact will come to known only after the finer details emerge. The very fact that IIFCL can become the sole lender is a good decision. One of the key points is the project developer would not have to go to multiple banks.
Tag: India Infrastructure Finance Corporation
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IIFC calls for popularising tax-free bonds
Harsh Kumar Bhanwala, Executive Director, India Infrastructure Finance Corporation (IIFC) stressed on the need to create awareness on tax-free bonds to facilitate growth in the infrastructure sector. He also said that IIFC, which has an outstanding credit of Rs 25,000 crore, plans to go for second round of fund raising in March
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IIFC calls for popularising tax-free bonds
Harsh Kumar Bhanwala, Executive Director, India Infrastructure Finance Corporation (IIFC) stressed on the need to create awareness on tax-free bonds to facilitate growth in the infrastructure sector. He also said that IIFC, which has an outstanding credit of Rs 25,000 crore, plans to go for second round of fund raising in March